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<br />88- 106617
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<br />NEBRASKA DEED OF TRUST
<br />(WIth Power of Sale)
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<br />Amountof~jratlnatalmentl 691,00
<br />Total ofPaymenta, 99,504.00
<br />Number orMonthly InataImenta ~
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<br />Amount or Other InBtalmen~' 691..00
<br />First Inl!ltalment. Due Date 6 1989
<br />Finol In.otalm.nt Du. Data 12/6 ~L2lJ00
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<br />THIS DEED OF TRUST, mode thin ~ day of December , lU.....ll.!L,
<br />between Rnnh,y I Qnyl"
<br />wboeemaili"".ddre..Ie '115 Viking Qrl r.ranrl l<lanrl Np 68803
<br />011 Trustors, .1nhn rllnn;nghrtm rtttnrm::ay ??? N C~dar GrAnd Tc:land N~. 6BS01
<br />whoeemaIlingaddressis???Nr.prlR.r Gr;mrl 10::1 and Np 69901
<br />Il!I Trustee, and Norwest Financial Nebraska, [nc., whose mailing address is 2337 North Webb Rd. Grand Island
<br />N~hr.::lC:Ic" nRRn~ . as Beneficiary,
<br />WITNFJSSETH, Trust.onl hereby irrevocably, grant. bargain, sell, Bnd convey to Trustee in trust, with power of sale. the following de--
<br />scribed property in I-IFt i 1 County, Nebraska:
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<br />Lot Forty-two (42), Leheights Fourth (4). subdivision to the City of
<br />Grand Is 1 and, Ha 11 County, Nebra ska
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<br />Together with tenements, hereditaments, and appurtenances thereunto belonging or in anywise appertaining and the rents. issues and
<br />profits thereof.
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<br />This conveyance is intended for the purpose of IleCUring the payment to Beneficiary of Trustors' promissory note of even date in the
<br />amount stated above as "Total of Payments". Said ''Total of Paymenl:!l" is repayable in the number of monthly instalments stated above.
<br />The amount of the instalment payments due on said loan is stated above. The first and fmal instalment due dates on said loan are stated
<br />above. Payment may be made in advance in any amount at any time. Default in making any payment shall, at the Beneficiary's option
<br />and without notice or demand, render the entire unpaid balance of said loan at once due and payable. leas any required rebate of charges.
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<br />To protect the aecurity of Ws Deed of Trust. Trustor covenants and agrees:
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<br />1. To keep the property in good condition and repair; to pennit no waste thereof; to complete any building, structure or improvement
<br />being built or about to be built thereon; to restore promptly any building, structure or improvement thereon which may be damagt!d or
<br />destroyed; and to comply with an laws, ordinances, regulations, covenants, conditions and restrictions affecting the property.
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<br />2. To pay before delinquent all lawful tues and l1S8e!lSmenls upon the property; to keep the property free and clear of all other charges,
<br />HeDII or encumbraneel impairing the security of this Deed ofTrost.
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<br />3. To keep all buildinge now or hereafter erected. on the property described herein continuously insured against loss by fire or other
<br />hazards in an amount not Jess than the total debt secured by this Deed of Trust AU tJOlicies shall be held by the Beneficiary, and be
<br />in BUch companies as the Beneficiary may approve and have ID8S payable first to the Beneficiary as ita interest may appear and then
<br />to the Trustor. The amount collected under any insurance policy may be applied upon any indebtedness hereby 8eCUMl in such order as
<br />the Beneficiary shall determine. Such application by the Beneficiary shan not cause discontinuance of any proceed.inp to foreclose this
<br />Deed ofTn1st or cure or waive any default or notice of default or invalidate any act done punmant to such notice. In the event of{oreclosure,
<br />all rights oftbe Trustor in insurance policies then in foree shall pus to the purcl1aser at the foreclosure sale.
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<br />4. To obtain the written consent of Beneficiary before selling, conveying or -nherwise transferring the property or any part thereof and
<br />any such Bale, conveyance or transfer without the Beneficiary's written consent shall constitute a default under the terms hereof.
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<br />5. To defend any action or proceeding purporting to affecl the aecurity hereof or. the rights or powers of Beneficiary or Trustee.
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<br />6. Should Trustor fail to pay when due any taxes, as.sessments. insurance premiums, liens, encumbrances or other charges against the
<br />property hereinabove described, Beneficiary may pay the same, and the amount so paid, with interest at the rate set forth in the note
<br />aecured hereby, shall be added to and become a part of the debt secured in this Deed of Trust 8.8 pennitted by law.
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<br />IT IS MUTUALLY AGREED THAT:
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<br />1. In the event any portion of the property is taken or damaged in an eminent domain proceeding, the entire amount of the award
<br />or such portion thereof as may be neceBSary to fully satisfy the obligation secured hereby, shall be paid m Beneficiary to be applied to
<br />88.id obligation.
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<br />2~ By aa:epting payment of any sum secured hereby after its due date, BeneficiDry does not waive its right to require prompt payment
<br />when due of all other sumJ 80 secured or to declare default for failure to so pay.
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<br />3. The Trustee shall reconvey all or any part of the property covered by this Deed of Trust to the person entitled thereto, on written
<br />requelt of the Trustor and the Beneficiary, or upon satisfaction of the obligation secured and written request for reconveyance made by
<br />the BeneficilU'Y or the person entitled thereto.
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<br />991 G84 (NE)
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